Kk Mohanty

Gammon Infra Managing Director KK Mohanty expects to get the capital from the deal in the next 30-45 days, adding that the company is currently awaiting shareholders approval for divesting the assets, he adds.

Projects sale will reduce debt by Rs 1700cr: Gammon Infra

Gammon Infra has sold its stake in nine projects (six road and three power projects) to Brookfield & Core Infra India Fund, a move that will fetch it Rs 563 crore and cut its debt, it informed exchanges today.

Smart cities need more funds, longer timeline: Infra sector

Speaking to CNBC-TV18, YD Murthy, Executive Vice President-Finance, NCC Limited says that he is confident of getting substantial orders for the smart city project and is looking forward to the new capital city of Amravati.

To benefit by Rs 100 cr post rate cut by RBI: Gammon Infra

MD KK Mohanty said the cost of funds is a critical aspect to make industry globally competitive. The company is on the verge of completing three projects and has operational assets worth Rs 2,500 crore.

5:25 scheme a key positive step for infra cos: Gammon

KK Mohanty believes the scheme will be more effective at lower interest rates.

Gammon Infra locked at upper circuit on Sept quarter profit

During the period, Q2 net sales were at Rs 173.5 crore. It had a deferred tax of Rs 22.9 crore. The company is now eyeing a topline of Rs 250 crore in the quarters to come.

Target over Rs 250cr topline in Q3, Q4: Gammon Infra

The company's net sales were up 11 percent at Rs 173.5 crore against Rs 155.3 crore.

Targeting topline growth of Rs 1000 crore: Gammon Infra

KK Mohanty, MD, Gammon Infra says the share transfer is a part of a restructuring exercise. He says all asset-based investments are being transferred into a single entity, while Gammon India will remain the EPC arm of Gammon Group.

Equity swap won't help push road projects much: Gammon

The government decided to allow road companies to swap equity, to selloff equity provided the lenders agree. But KK Mohanty, MD, Gammon Infrastructure says these are just procedural simplifications. Before this an environment needs to be created where road projects remain or become economically viable

Survival in volatile market is challenge: Gammon Infra

KK Mohanty, MD Gammon Infra agrees that infra sector is struggling amid a slump in economic growth, which has fallen to a decade-low as companies have put fresh investments on hold.

Expect to cross Rs 1000 cr topline for FY14: Gammon Infra

While commenting on the future of his company, KK Mohanty of Gammon Infrastructure said, "We are intending to put three more projects into operation. We will be completing Godavari Bridge, Patna-Hajipur Highway and one of the power project or port projects". These projects will be completed from quarter three onwards.